After costs, if the gap returns to its 7d average, $10k−$61
spread now−0.020%7d average−0.105%fees + slippage, in and out−$69spread needed0.691%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX META-USDT | 711.22 | 0 | get 0.0000% / 8h | 1h 30m | $101K | $264K | 30x |
| Short | Coinbase International META-PERP-INTX | 711.08 | 0.0080 | get 0.0010% / 1h | 30m 43s | $679K | $4.2M | 10x |
HTX META-USDT
Coinbase International META-PERP-INTXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.97
- Funding while held
- $2.4
- Slippage, 4 orders
- −$47.09
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$68.66
- Spread needed to break even
- 0.691%
Slippage from HTX: live order book, 22 min ago; Coinbase International: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0080%
- Per $10,000 a day
- +$2.40
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 22 min ago | 20.41 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 2.53 bp | 7.5 bp −$8 | 11.9 bp −$119 | doesn't fit | doesn't fit |
META price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International711.08cheapest
Nado711.18+0.013%KuCoin711.19+0.015%
Nado
KuCoinHTX711.22+0.020%
QFEX711.26+0.025%Orderly711.36+0.039%Deribit711.36+0.039%Popdex711.39+0.044%Paradex711.45+0.051%Polymarket Perps711.46+0.053%Aevo711.48+0.057%SoDEX711.52+0.062%Arcus711.53+0.063%Vest711.55+0.066%Extended711.58+0.071%Gate711.61+0.075%BloFin711.65+0.080%tradeXYZ711.68+0.084%Ondo Perps711.87+0.111%Phemex711.89+0.114%Bitget711.99+0.128%SunX712.11+0.145%Lighter712.14+0.149%Aftermath Perps712.15+0.151%Aster712.21+0.159%Lighter RH712.26+0.166%Variational Omni712.43+0.190%Phoenix712.51+0.201%Bybit712.53+0.204%Binance712.57+0.209%OKX712.58+0.211%edgeX712.63+0.217%Hotstuff712.80+0.242%ApeX Omni712.89+0.255%Injective713.75+0.375%
QFEX
Orderly
Deribit
Popdex
Paradex
Polymarket Perps
Aevo
SoDEX
Arcus
Vest
Extended
Gate
BloFin
tradeXYZ
Ondo Perps
Phemex
Bitget
SunX
Lighter
Aster
Lighter RH
Variational Omni
Phoenix
Bybit
Binance
OKX
Hotstuff
ApeX Omni
InjectiveMETA on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International META-PERP-INTXshort | −0.020% | +0.0080% | 1h | $679K | $4.2M | 10x | |
| Nado META-PERP | −0.006% | +0.0034% | 1h | $441K | $69K | 20x | as long as short |
| KuCoin METAUSDTM | −0.004% | +0.0100% | 8h | $1.5M | $120K | 20x | as long as short |
| HTX META-USDTlong | 0.000% | 0.0000% | 8h | $101K | $264K | 30x | |
| QFEX META-USD | +0.006% | +0.0033% | 1h | $1.8M | $5.2M | 10x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.020% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Deribit META_USDC-PERPETUAL | +0.020% | 0.0000% | 1h | $29K | $244K | 10x | as long as short |
| Popdex METAUSDT | +0.024% | +0.0048% | 1h | $164K | $147K | 20x | as long as short |
| Paradex META-USD-PERP | +0.032% | +0.0056% | 8h | — | — | 5x | as long as short |
| Polymarket Perps META-USD | +0.034% | +0.0050% | 1h | $647K | $465K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo META-PERP | +0.037% | +0.0104% | 1h | $256 | — | 10x | as long as short |
| SoDEX META-USD | +0.042% | +0.0050% | 1h | $23K | $3K | 10x | as long as short |
| Arcus META-USD | +0.044% | +0.0356% | 1h | $283K | $239K | 10x | as long as short |
| Vest META-USD-PERP | +0.046% | +0.0046% | 1h | — | $6K | 25x | as long as short |
| Extended META_24_5-USD | +0.051% | +0.0016% | 1h | $509K | $1.3M | 17x | as long as short |
| Gate META_USDT | +0.055% | 0.0000% | 8h | $395K | $2.8M | 100x | as long as short |
| BloFin META-USDT | +0.060% | −0.0101% | 8h | $342K | $417K | 20x | as long as short |
| tradeXYZ xyz:META | +0.065% | +0.0050% | 1h | $62.8M | $42.1M | 20x | as long as short |
| Ondo Perps META-USD.P | +0.091% | +0.0050% | 1h | $918K | $2.2M | 10x | as long as short |
| Phemex METAUSDT | +0.094% | −0.0175% | 4h | $1.9M | $4K | 10x | as long as short |
| Bitget METAUSDT | +0.108% | 0.0000% | 8h | $4.8M | $5.5M | 100x | as long as short |
| SunX META-USDT | +0.125% | 0.0000% | 8h | $898 | $6.4M | 20x | as long as short |
| Lighter META | +0.129% | +0.0032% | 1h | $702K | $2.0M | 20x | as long as short |
| Aftermath Perps METAUSD | +0.131% | +0.0262% | 1h | $43K | $48K | 10x | as long as short |
| Aster METAUSDT | +0.139% | 0.0000% | 8h | $451K | $73K | 20x | as long as short |
| Lighter RH META | +0.146% | +0.0032% | 1h | $754K | $2.3M | 20x | as long as short |
| Variational Omni META | +0.170% | 0.0000% | 8h | $1.4M | $1.9M | — | as long as short |
| Phoenix META | +0.181% | +0.0169% | 1h | $230K | $255K | 20x | as long as short |
| Bybit METAUSDT | +0.184% | +0.0017% | 8h | $6.6M | $6.5M | 100x | as long as short |
| Binance METAUSDT | +0.189% | +0.0019% | 8h | $25.7M | $76.4M | 20x | as long as short |
| OKX META-USDT-SWAP | +0.191% | 0.0000% | 8h | $6.1M | $6.6M | 20x | as long as short |
| edgeX METAUSDC | +0.198% | +0.0732% | 4h | $60K | $324K | 10x | as long as short |
| Hotstuff META-PERP | +0.222% | −0.0024% | 1h | $32K | $105 | 20x | as long as short |
| ApeX Omni METAUSDT | +0.235% | +0.0100% | 1h | $111K | $46K | 50x | as long as short |
| Injective META/USDC PERP | +0.356% | +0.0147% | 1h | $162K | $164K | 30x | as long as short |